Dionne Warwick files for bankruptcy in New Jersey - KMSP-TV

Dionne Warwick files for bankruptcy in New Jersey

Posted: Updated:
Singer Dionne Warwick attends a screening at the Museum of Modern Art in New York, Feb. 27, 2013. (Photo by Andy Kropa/Invision/AP) Singer Dionne Warwick attends a screening at the Museum of Modern Art in New York, Feb. 27, 2013. (Photo by Andy Kropa/Invision/AP)

NEWARK, N.J. (AP) — Singer Dionne Warwick claims in a recent bankruptcy filing that she owes nearly $10 million in back taxes and her monthly expenses exceed $20,000.

The South Orange resident and singer of classics such as "Walk On By," ''I Say a Little Prayer" and "Do You Know the Way to San Jose" filed a Chapter 7 petition in U.S. bankruptcy court in New Jersey last Thursday.

In the filing, the 72-year-old Warwick listed liabilities that include nearly $7 million owed to the Internal Revenue Service for the years 1991 to 1999 and more than $3 million in business taxes owed to the state of California.

Warwick, a cousin of the late Whitney Houston, also listed $20,950 in monthly income from royalties, retirement income and a contract with Culver City, Calif.-based Star Girl Productions. Her monthly expenses total $20,940 and include $5,000 for housekeeping/housesitting.

Warwick's publicist said that the singer was victimized by bad financial management in the 1990s and that she has paid back the actual amount of the taxes, but penalties and interest have accumulated over the years.

"In light of the magnitude of her tax liabilities, (Dionne) Warwick has repeatedly attempted to offer re-payment plans and proposals to the IRS and the California Franchise Tax Board for taxes owed," Kevin Sasaki said in an email Tuesday. "These plans were not accepted, resulting in escalating interest and penalties. Although the actual amount of back taxes owed has been paid, the resulting penalties and interest has continually accrued."

 

Copyright 2013 The Associated Press.

  • EntertainmentMore>>

  • Bridget Moynahan stars in 'Small Time'

    Bridget Moynahan stars in 'Small Time'

    Friday, April 18 2014 5:31 PM EDT2014-04-18 21:31:21 GMT
    The mind behind "24" brings us "Small Time," an intimate family drama that unites some of TV's most recognizable faces: "Law Order" alum Chris Meloni, Dean Norris (a.k.a. Hank Schrader from "Breaking Bad"), and "Blue Bloods" actress Bridget Moynahan. "I read 'Small Time' and it's just one of those scripts that just reads perfectly," she said.
    The mind behind "24" brings us "Small Time," an intimate family drama that unites some of TV's most recognizable faces: "Law Order" alum Chris Meloni, Dean Norris (a.k.a. Hank Schrader from "Breaking Bad"), and "Blue Bloods" actress Bridget Moynahan. "I read 'Small Time' and it's just one of those scripts that just reads perfectly," she said.
  • Rosie O'Donnell drops 50 pounds

    Rosie O'Donnell drops 50 pounds

    Rosie O'Donnell has shed nearly 50 pounds in recent months — and she's posted a picture on Twitter to prove it.
    Rosie O'Donnell has shed nearly 50 pounds in recent months — and she's posted a picture on Twitter to prove it.
  • Nobel Prize-winning novelist Gabriel Garcia Marquez dead at 87

    Nobel Prize-winning novelist Gabriel Garcia Marquez dead at 87

    Gabriel Garcia Marquez, the Nobel Prize-winning Columbian novelist known for One Hundred Years of Solitude, has died, according to the New York Times. He was 87.
    Gabriel Garcia Marquez, the Nobel Prize-winning Columbian novelist known for One Hundred Years of Solitude, has died, according to the New York Times. He was 87.
Powered by WorldNow

KMSP-TV
11358 Viking Drive
Eden Prairie, MN 55344

Phone: (952) 944-9999
Fax: (952) 942-0455

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices